Sign in

Please complete all fields in the form to login.
Username and password fields are case sensitive

If you have forgotten your username or password please use
the forgotten your username/password link below.

Remember me, by ticking the box you
are confirming you are happy for your details to be remembered
and used the next time you use this computer to visit
eFinancialNews.com. By doing this, you'll be able to access
restricted content without logging in each time you
visit the site.

Morgan Stanley moves to keep top staff

Morgan Stanley has installed a new incentive compensation scheme potentially worth millions of extra dollars for top traders and bankers.

Under the new incentive structure, details of which were first reported by Bloomberg News, employees who earn at least $500,000 (â‚¬392,181) will be able to invest part of their annual bonus in Morgan Stanley funds of hedge funds and private equity funds.

Morgan Stanley will also lend qualified employees $2 for every $1 invested in the funds. The loans are forgivable if the investments decline to the point where employees would have no equity remaining after paying the money back.